Production Slip: Is the ‘receipt’ given to the lodging party (Surveyor, Solicitor etc) when a title is lodged at the Lands Titles Office to support a dealing, such as a subdivision. The Lands Titles Office will not accept documents from the surveyor for new title creation unless a Production Slip is attached. Quite often is a source of delay as the acting solicitor (or client) requests the holder of the title (normally a bank) to lodge the title; such request usually takes 3 weeks to enact and therefore results in a 4 week delay to proceedings.
Some banks may have an arrangement with the Lands Titles Office where that office hold the titles on the banks behalf. The requesting party still need to gain a release from the bank for dealings to happen on the title.
Different Banks deal with the release of titles in different ways. The CBA are the most difficult and will not release a title for lodgement at the LTO unless the Final Plans have been Signed & Sealed by Council and the CBA is furnished with a copy of the sealed plans. (a bit of a catch 22 as the LTO say they will not accept lodgement unless they receive the documents at the same time as Council!!)
There is one opportunity to semi by-pass this situation. When lodging the Final Plan the origional is lodged with Council. A COPY is required to be lodged with the Lands Titles Office (LTO) at the same time. (At this time, the Production Slip is not available as the plan has not been signed and sealed). After the Plan has been signed and sealed, access is then available to the Production Slip and this and the Final Sealed Signed Plan can then be delivered to the LTO.
SIMPLY:
is a receipt when the title is lodged at the titles office.
HOW WE ASSIST:
we prompt the solicitor ‘early’ in the proceedings to lodge the title asap.